417 Broad St Cumberland, RI 02864
Valley Falls NeighborhoodEstimated payment $2,966/month
Highlights
- Living Room
- Dining Room
- Heating System Uses Natural Gas
- Cumberland High School Rated 9+
About This Home
Perfect opportunity to own this multi-unit, multi building property! Both building interiors have been newly renovated! Both roofs just 5 years old! Front building has 3 units, 1st floor is commercial, 2nd floor is a 2 bedroom/1 bath with bonus room and the 3rd floor is a 2 bedroom/1bath. The rear building is a single family with 3 bedrooms/1.5 baths. Both share the same water supply and must be sold as a package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,578
Year Built
- Built in 1940
Lot Details
- 6,972 Sq Ft Lot
- Property fronts an easement
Home Design
- Block Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 3,250 Sq Ft Home
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Range
Bedrooms and Bathrooms
- 7 Bedrooms
Parking
- 6 Car Parking Spaces
- Shared Driveway
- Open Parking
- Off-Street Parking
Utilities
- Heating System Uses Natural Gas
- 200+ Amp Service
Listing and Financial Details
- Rent includes unit 1(heat electric water hot water), unit 2(heat electric water hot water), unit 3(heat electric water hot water), unit 4(heat gas water hot water)
- Assessor Parcel Number M:007 B:0478 L:000
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Net Operating Income $86,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,163 | $181,000 | $80,500 | $100,500 |
| 2023 | $2,103 | $181,000 | $80,500 | $100,500 |
| 2022 | $2,493 | $166,300 | $73,500 | $92,800 |
| 2021 | $2,554 | $166,300 | $73,500 | $92,800 |
| 2020 | $2,473 | $166,300 | $73,500 | $92,800 |
| 2019 | $2,791 | $170,000 | $70,000 | $100,000 |
| 2018 | $675 | $170,000 | $70,000 | $100,000 |
| 2017 | $2,586 | $170,000 | $70,000 | $100,000 |
| 2016 | $2,126 | $124,500 | $61,400 | $63,100 |
| 2015 | $2,126 | $124,500 | $61,400 | $63,100 |
| 2014 | $2,206 | $124,500 | $61,400 | $63,100 |
| 2013 | $2,001 | $126,800 | $65,300 | $61,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Price Changed | $485,000 | -3.0% | $149 / Sq Ft |
| 06/25/2025 06/25/25 | Price Changed | $500,000 | 0.0% | $154 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $500,000 | -2.9% | $154 / Sq Ft |
| 05/29/2025 05/29/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | Price Changed | $515,000 | 0.0% | $158 / Sq Ft |
| 05/15/2025 05/15/25 | For Sale | $515,000 | -2.8% | $158 / Sq Ft |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- |
| 04/27/2025 04/27/25 | Price Changed | $530,000 | -5.4% | $163 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $560,000 | -6.7% | $172 / Sq Ft |
| 01/22/2025 01/22/25 | For Sale | $599,999 | -- | $185 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $275,000 | -- | |
| Warranty Deed | $275,000 | -- | |
| Deed In Lieu Of Foreclosure | -- | -- | |
| Deed In Lieu Of Foreclosure | -- | -- | |
| Warranty Deed | $130,000 | -- | |
| Warranty Deed | $130,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $437,500 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $437,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $83,500 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73328192
APN: CUMB-000007-000478-000000
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